What about the MBA?
One of India’s most well-liked postgraduate programs, both domestically and internationally, is the master of business administration.
If you want to work in marketing firms, management fields, the media industry, or as an entrepreneur, this two-year program is the best option. Your career can be greatly shaped by this qualification, which can lead to many high-end job opportunities. Most students don’t know the difference between an MBA and a PGDM.
Let’s examine both of these courses in depth.
How about the PGDM:
MBA is a degree-granting program, whereas PGDM is a diploma program.
“Both the PGDM and MBA are focused on business. As a result, candidates who complete the PGDM programme successfully receive a diploma, as opposed to MBA graduates who receive a degree.
Although a degree and a diploma actually take a similar approach, many students have the tendency to believe that the diploma doesn’t have enough value.
Comparing PGDM and MBA in terms of cost, duration, eligibility, placement, syllabus, curriculum, entrance exams, etc.
| SPECIFICATIONS | PGDM | MBA |
| Duration | A two-year diploma program is required. | It is a two-year degree program. |
| Curriculum | topics with an industrial focus and a more hands-on approach. | Less practically oriented subjects are taught that are related to the technical approach to management. |
| Syllabus | The syllabus can change depending on the institute, and it has AICTE approval. | The university typically determines the syllabus, which is essentially the same in all colleges. endorsed by UGC, andother regulatory bodies also. |
| Equivalent to | equivalent to an MBA from any reputable university. | It is a Post-Graduate Degree. |
| Eligibility criteria | Student must possess a Bachelor’s degree with at least a 50–60 percent grade point average or a GPA of at least 6.5. According to the colleges they are enrolling in, they must also pass entrance exams. | Students from the general category need to have between 50 and 55 percent in their degree programme, while those from the ST, SC, and OBC cast only need to have up to 45 percent. Both public and private universities offer the MBA programme.es. |
| Placement | Depending on the institution, the best ones provide better deals. | Top IIMs institutions typically offer better packages, but it depends on the institution. |
| Entrance Process | packages. Top IIMs institutions typically offer better packages, but it depends on the institution. | Entrance exams like the CAT, MAT, SNAPXAT, GMAT, IBSAT, and IIFT are used to determine admissions. |
| Fees | One Lac to 2.5 Lacs per annum | Almost fee is up to 3.5 Lacs |
India’s top 20 MBA schools include:
According to the requirements of the colleges and on the basis of entrance exams, students can be admitted to the top 20 colleges in India. There are hundreds of colleges in India that offer MBAs, but a student can choose the top 20 from among them based on factors like study, placement, environment, extracurricular activities, and tuition costs. After successfully completing the 2-year MBA degree programme, students receive theoretical knowledge grounded in a technical approach. The top 20 MBA schools are listed below.
The top 20 PGDM schools in India are:
A candidate can apply to the desired colleges after passing entrance exams like the CAT, MAT, XAT, and ATMA. The cost of top PGDM colleges varies depending on their academic performance, record of job placements, and the amenities they offer both during and after the course of study, such as trips, internships, etc. Students can find information about the Top 20 PGDM Colleges in India here.
Comparing top PGDM colleges to top MBA colleges
| SERIAL NUMBER | PGDM | MBA |
| 1. | XLRI | IIM AHMEDABAD |
| 2. | BIMTECH | IIM Delhi |
| 3. | GIM | IIM Kolkata |
| 4. | BIM | XLRI |
| 5. | PUMBA | SPJIMR |
| 6. | FORE | IIM LUCKNOW |
| 7. | RCBS | IIFT DELHI |
| 8. | SIES | NMIMS |
| 9. | IPE | MDI |
| 10. | AIMS | IIT KHARAGPUR |
| 11. | SIIB | DMS IIT DELHI |
| 12. | IMI KOLKATA | SIBM |
| 13. | IFMR | IMI DELHI |
| 14. | LBSIM | IIM UDAIPUR |
| 15. | CHRIST UNIVERSITY | IIM SHILLONG |
| 16. | SVKM | BITS PILANI |
| 17. | IISWBM | SIBM |
| 18. | PGSIM | NMIMS |
| 19. | NDIM | BIIB |
| 20. | XIME | IRMA |
FAQs:-
Q: Why do an MBA?
A: The best course for someone who wants to work in marketing firms, management fields, the media industry, or as an entrepreneur is this two-year programme. This degree can give you access to many high-end employment opportunities and significantly influence your career.
Q: PGDM: What is it?
A: MBA and PGDM both focus on business, but MBA is a degree programme, whereas PGDM is a diploma programme. As a result, candidates who successfully complete a PGDM programme are offered a diploma, whereas MBA graduates are offered a degree.
Q: How much time is PGDM?
A: It lasts for two years.
Q: What distinguishes the PGDM and MBA programmes?
A: Industrial orientation-related subjects are taught in PGDM courses with a stronger emphasis on application. While in an MBA programme, more theoretically based coursework is taught in areas related to the technical approach to management.
Q: What qualifications are needed for PGDM?
A: Student must possess a Bachelor’s degree with at least a 50–60 per cent grade point average or a GPA of at least 6.5. Additionally, they must pass entrance exams specific to the college or university they plan to attend
Q: What are the requirements for an MBA?
A; Students from the general category need to have between 50 and 55 percent in their degree programme, while those from the ST, SC, and OBC cast only need to have up to 45 per cent.
Government and private colleges both provide the MBA programme.
Q: What options are there for earning an MBA?
A: The decision to pursue an MBA is up to the student. An MBA can be obtained in a variety of ways, including on-campus, online, part-time, and distance learning.
Q: What jobs are available after receiving an MBA?
A: You could work as an account manager, brand manager, administrative officer, business partner in human resources, manager of research and development, or you could launch your own company and become an entrepreneur.